Thursday, 7 April 2011

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Copper in London, New York May Drop as Gain Seen as Excessive

  • Thursday, 7 April 2011
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  • Copper in London may decline for the first time in three days as some investors deemed the biggest gain in two weeks as excessive amid a lack of signs that Chinese demand is picking up. Three-month copper on the London Metal Exchange was little changed at $9,606 per metric ton at 3:37 p.m. in Singapore after earlier losing as much as 0.4 percent. The metal gained 2.3 percent yesterday, the most



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